Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 7 years ago on . Most recent reply

User Stats

946
Posts
153
Votes
Mark Forest
  • Real Estate Investor
  • Fenton, MI
153
Votes |
946
Posts

Tenant work on property

Mark Forest
  • Real Estate Investor
  • Fenton, MI
Posted

What is the opinion on having your tenant do work on property in exchange for a break in rent. I am thinking this is not a good idea. I would rather hire outside help even though my tenant is suposed to be skilled.

Most Popular Reply

User Stats

234
Posts
32
Votes
Tom NA
  • Real Estate Investor
  • Mountain View, CA
32
Votes |
234
Posts
Tom NA
  • Real Estate Investor
  • Mountain View, CA
Replied

I would advise against this Steve. I think this was discussed awhile back and many issues such as insurance, employment, fair pricing, etc. can come into play. I'm sure some others can present some more concrete reasons why not but this is definitely a precedent you want to be careful about.

Where I do have advice is if you currently have a tenant asking about this. I had a tenant ask for this type of exchange (contracting type services for rent) which I refused to allow. In the end, it was a tell-tale sign that he had financial trouble and I had to evict him within 2 months of that initial request. So, be aware if someone is asking because evicition and a judgment you can't collect on may be next if your experience follows mine...

Loading replies...